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Fidelity Bank’s annual revenue up 46%
Premium Times Nigeria • 12 May 2026, 15:39
Fidelity Bank’s annual revenue up 46%
Premium Times Nigeria • 12 May 2026, 15:39
The lender recorded gross earnings of N1.5 trillion in the period, up from N1 trillion.
Why Nigerian Breweries and Nestlé are recovering faster than expected
Nairametrics • 12 May 2026, 15:19
Why Nigerian Breweries and Nestlé are recovering faster than expected
Nairametrics • 12 May 2026, 15:19
… Is it still time to Buy and/or Hold? Nigerian Breweries Plc and Nestlé Nigeria Plc, two consumer goods giants listed on the Nigerian Stock Exchange (NGX), have released their 2025 audited results, showing impressive recoveries in 2025, with strong momentum carrying into Q1 2026. After struggling through the Naira devaluation-induced crisis of 2023 and 2024, the companies have returned to profitability, and investors are taking notice. But the big question is: Is this recovery sustainable, and is it still time to buy and/or hold these stocks? First, let us look at the crisis years, recovery, and what led to them. Both com
Updates on the 2026 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics
Africa Energy Chamber • 12 May 2026, 15:11
Updates on the 2026 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics
Africa Energy Chamber • 12 May 2026, 15:11
The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) announces that the IsDB Prize for Impactful Achievement in Islamic Economics will be awarded every two years, alternating between the Knowledge Contribution and Development Solutions categories. The next cycle of the Prize will be launched
Egypt Plans Rooftop Solar Program for 7,000 Factories to Cut Costs, Add 1,000 MW
Ecofin Agency • 12 May 2026, 15:00
Egypt Plans Rooftop Solar Program for 7,000 Factories to Cut Costs, Add 1,000 MW
Ecofin Agency • 12 May 2026, 15:00
Egypt plans rooftop solar systems for 7,000 industrial factories Initiative targets 1,000 MW capacity to ease pressure on power grid Program aims to cut energy costs and boost export compe
South Africa's luxury boat industry turns to Europe as US market weakens
Africanews EN • 12 May 2026, 14:55
South Africa's luxury boat industry turns to Europe as US market weakens
Africanews EN • 12 May 2026, 14:55
South Africa’s world‑renowned luxury catamaran sector — a $298‑million industry exporting 90% of its boats — is battling a sharp downturn as fluctuating U.S. tariffs unsettle its biggest market and force builders to seek new horizons.
WATCH | Technical analysis on Grindrod, Omnia and PPC
BusinessLIVE / Business Day South Africa • 12 May 2026, 14:45
WATCH | Technical analysis on Grindrod, Omnia and PPC
BusinessLIVE / Business Day South Africa • 12 May 2026, 14:45
Business Day TV spoke with Moxima Gama, senior technical analyst at The Money Hub Moxima Gama, senior technical analyst at The Money Hub, provides analysis of Grindrod, Omnia and PPC.
Angola and Algeria Sign 11 Agreements to Build Strategic Partnership
Ecofin Agency • 12 May 2026, 14:45
Angola and Algeria Sign 11 Agreements to Build Strategic Partnership
Ecofin Agency • 12 May 2026, 14:45
Angola, Algeria sign 11 cooperation agreements during state visit Deals cover energy, agriculture, health, digitalization and infrastructure sectors Countries seek stronger trade, regional integration and econo
Narvik AI Data Center in Norway Secures $790 Million Financing
Construction Review Online - Africa • 12 May 2026, 14:33
Narvik AI Data Center in Norway Secures $790 Million Financing
Construction Review Online - Africa • 12 May 2026, 14:33
Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue constructing its AI data centre in Narvik, northern Norway. This was revealed by the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting […]
Vodacom points to fintech and international momentum for growth
Developing Telecoms - Sub-Saharan Africa • 12 May 2026, 14:30
Vodacom points to fintech and international momentum for growth
Developing Telecoms - Sub-Saharan Africa • 12 May 2026, 14:30
Vodacom Group reported strong results for its 2025 financial year (ending March 31, 2026) with growth driven by its international operations, financial services business and continued customer expansion across Africa.
E-commerce platform Jiji acquires Bangladesh’s Bikroy in first deal outside Africa
TechCabal • 12 May 2026, 14:27
E-commerce platform Jiji acquires Bangladesh’s Bikroy in first deal outside Africa
TechCabal • 12 May 2026, 14:27
The acquisition is Jiji's first outside Africa and the second time in four years that the company has bought a marketplace from Sweden-based Saltside Technologies.